3rd party companies - Study guides, Class notes & Summaries

BLAW212 1st half Exam Questions with Correct Answers contract - Answer-a promise or set of promises which the law will enforce classical contract theory - Answer--meeting of the minds in offer and acceptance -intention to create legal relations -mutual consideration -agreement by consent freely given formation of contract - Answer-offer acceptance intention to be bound consideration offer - Answer-clear and ambiguous undertaking to be bound by specified terms which becomes binding ...

When choosing an organizational form, entrepreneurs should consider: - Ease of creation Owners' liability--maximize gain, limit risk of loss Tax considerations--pass through or entity tax? Ability to raise capital--Private funding or shares? Basic forms of Business Organization - Sole proprietorships--> one person owns it Partnerships--> Multiple people own it Corporations--> Ownership to shareholders Franchises--> operated by any of the above Corporate companies - can...

6 loss valuation methods actual cash value, replacement value, functional replacement value, market value, stated amount, agreed value waiver & estoppel a person has given up a known or legal right Brainpower Read More Previous Play Next Rewind 10 seconds Move forward 10 seconds Unmute 0:00 / 0:15 Full screen 4 components of a legal contract agreement, consideration, competent parties, legal purpose 6 classes of insurers authorized(admitted), unauthorized(n...

CHIA Certification Exam Questions and Answers 2024 What are the different kinds of affiliations a single hotel can have? - Answer ️️ -Chain Parent Company Operation: Corporate, Franchise, or Independent Management Company Owner Asset Management Company Membership or Marketing Groups What does a chain represent? - Answer ️️ -The hotel brand There are __ chains in the US with 50,000 rooms or more and __ chains in the world with 75,000 rooms or more - Answer ️️ -22; 24 Most p...

For an escrow to be valid, there must be a - Answer conditional delivery of transfer documents to a 3rd party In a real estate transaction, who decides which escrow company to use - Answer it is negotiated between the buyer and seller Which of the following is not exempt from the escrow licensing law: trust companies, escrow companies, title insurance, real estate brokers - Answer escrow companies A history of title transfers for a particular parcel of land is - Answer chain...

What can be done to reduce the success of phishing attacks? (Choose 2) Email Security, User Training Match the type of social engineering with its description or attribute: Targeting a significant target is called ________________. Whaling Match the type of social engineering with its description or attribute: A phone based attack is called _________________. Vishing Match the type of social engineering with its description or attribute: An incorrect website attack is ...

20-44 Personal Lines Agent PreXam Flashcards ALL SETS Questions and Answers 100% Pass the cost to replace an item or property at the time of loss, minus depreciation - Correct Answer ️️ -Actual Cash Value (ACV) a type of policy limit which limits coverage to a specified total amount for all losses occuring w/in the policy period - Correct Answer ️️ -Aggregate Limit conviction of a 3rd degree felony, liability for all unpaid claims, suspencion or revocation of all insurance license...

what is the goal of ERM? - to manage individual businesses within overall business portfolio what are the 4 benefits of active portfolio management? - 1. UNBUNDLING in terms of risk origination, retention, and transfer 2. RISK AGGREGATION across the whole company 3. setting RISK LIMITS & ASSET-ALLOCATION TARGETS 4. influencing TRANSFER PRICING, CAPITAL ALLOCATION, and INVESTMENT DECISIONS explain: UNBUNDLING in terms of risk origination, retention, and transfer - management can decide whe...

Foundation of functions and job tasks correct answers Assessment Affective counseling Vocational counseling Case management Job Placement What good does it do for us to have an evidence-based foundation of practice? correct answers Solidifies professional identity of RC Informs CORE Informs CRCC Identifies commonality and uniqueness of profesion among other human services Practice settings correct answers Public Private Nonprofit Public correct answers State-federal rehabilitat...

USAA Auto Insurance Terms with Complete Solutions (1) Terrorism Risk Insurance Act (TRIA) - Answer-In 2002- the availability of reinsurance coverage against terrorism. If there is a terrorist act then the federal government is responsible in paying the insurer for any damage. What is TRIEA and when did it happen - Answer-In 2005 legislation was modified and coverage was extended by the Terrorism Risk Insurance Extension Act FCRA- when, what, and what it stands for - Answer-In 1970 the Fai...